Mad Scientist
Feels Good!
- Sep 15, 2008
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Down from 1.9 to 1.5. This is all part of the "Recovery" right?
Goldman's Post-Mortem: "Congratulations Mr. President, We Are Cutting Q4 GDP To 1.5%" | ZeroHedge
Goldman's Post-Mortem: "Congratulations Mr. President, We Are Cutting Q4 GDP To 1.5%" | ZeroHedge
Congratulations on the four more years, Mr. President. To celebrate, Goldman starts by cutting the Q4 GDP forecast from 1.9% to 1.5% (and let's not forget that the same Goldman is predicting a 15% drop in the S&P in the next two months to get the Fiscal Cliff deadlock to break).